Be sure that is not the case if you choose to go that route.A heloc is a great tool if you can have access to it in order to do the updates needed.

This was before many of the tools available today and before AirBNB.  

I've been pouring over the resources here on BP, read several of the BP books, listened to hundreds of the BP and Straight UP Chicago podcasts, poured over the SAAS tools, started comping and evaluating deals and found several Meetups to attend.

Ideally, those who are more experienced, smarter, wiser, and talented than us.I'm looking to gain more resources / people to rely on: -For new ideas / help / troubleshooting / brainstorming-To help us better our systems & operations -To ask for / offer guidance when needed-To share contacts, vendors, suppliers with-To collaborate with potentially To that end, do you have any recommendations for networking events, organizations or groups I may research / join, and anything else I can do to expand my network in this arena? 

Private and hard money are great tools to get you into good deals. 

During my analysis with the rental property tool, I assumed a $3,875 Down Payment and 1,200 closing cost.

It is an amazing wealth building tool!

Estimate time (in this case you know 1 guy / 2 weeks, sounds about right with odds and ends)80 hours times $30 is 2400 in handyman labor, that's 4,800 a month including truck, tools and taxes - income is so low, he would not qualify as a tenant for us

Motivation is a great tool and should be leveraged when you have it.

I have ones for evaluating a deal (and have used those tools her in BP).